Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Magnatizer who wrote (23177)	11/19/1998 9:43:00 PM
From: Magnatizer	Respond to of 79243

Market magnets 11.20.98 notes: Nasdaq continues to set the pace. Looks like another good day tomorrow SP500: SPY is going comkey..... DJ30: hit stiff resistance today and was repelled. See how it deals with 9090 tomorrow. It looks the like the weakest of the three Mond Tues Wed Thurs Fri DOW 30 Close 8920 9011 8986 9041 9056 day prior Monday Friday (if sloped) 7933 -987 -1078 -1053 -1108 -1123 8128 8143 -792 -879 -851 -902 -913 8143 -778 -869 -844 -899 -914 8352 -568 -659 -634 -689 -704 8561 -359 -450 -425 -480 -495 8770 -150 -241 -216 -271 -286 8922 8942 2 -84 -54 -104 -114 8948 8970 28 -58 -27 -77 -86 8980 60 -31 -6 -61 -76 9067 9090 147 62 93 43 34 9300 9338 380 299 333 288 282 9398 478 387 412 357 342 Nasdaq Close 1848 1862 1879 1897 1920 day prior Monday Friday 1407 1409 -441 -455 -471 -489 -511 1430 1427 -418 -433 -451 -469 -493 1478 -370 -384 -401 -419 -442 1528 -320 -334 -351 -369 -392 1550 -298 -312 -329 -347 -370 1543 1536 -305 -321 -340 -359 -384 1582 1558 -266 -286 -309 -333 -362 1597 1589 -251 -267 -286 -306 -331 1622 -226 -240 -257 -275 -298 1694 -154 -168 -185 -203 -226 1766 -82 -96 -113 -131 -154 1783 -66 -80 -97 -115 -138 1846 -2 -16 -33 -51 -74 1910 62 48 31 13 -10 1973 125 111 94 76 53 2016 2025 168 156 142 126 105 2055 207 193 176 158 135 SP500 Close 1126 1136 1139 1145 1153 day prior Monday Friday 978 -148 -158 -161 -167 -175 1009 1010 -117 -127 -130 -135 -143 1020 1022 -106 -116 -118 -124 -131 1024 -102 -112 -115 -121 -129 1028 1031 -98 -107 -110 -115 -122 1033 1033 -93 -103 -106 -112 -120 1042 -84 -94 -97 -103 -111 1067 1070 -59 -68 -71 -76 -83 1070 -56 -66 -69 -75 -83 1116 -10 -20 -23 -29 -37 1159 1159 33 23 20 14 6 1162 36 26 23 17 9 1209 1213 83 74 72 67 60 ht david

To: Magnatizer who wrote (23177)	11/22/1998 12:01:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 79243

Market magnets 11.23.98 notes: Dow 30: Magnet indicators are very high and pointed up. I am looking for early week strength followed by some profit taking starting Wed- Thurs. I expect Dow to hit 9349 uptrend Tuesday Nasdaq: Same as Dow with indicator reading. Expect 2028 uptrend to be reached prior to Wed SP500: Same as Dow on indicators. DOUBLE TRENDLINE Xovers WED. May be the day of reversal for the big three. Expect 1213 uptrend to be reached prior to reversal down no targets set yet for downturn bottom. Will have to see how the events unfold. Mond Tues Wed Thurs Fri DOW 30 Close 9160 day prior Monday Friday (if sloped) 7933 -1227 7933 7933 7933 7933 8143 -1018 8143 8143 8143 8143 8150 8169 -1010 8155 8160 8164 8169 8352 -808 8352 8352 8352 8352 8561 -599 8561 8561 8561 8561 8770 -390 8770 8770 8770 8770 8945 8964 -215 8950 8955 8959 8964 8974 8997 -186 8980 8986 8991 8997 8980 -180 8980 8980 8980 8980 9095 9112 -65 9099 9104 9108 9112 9349 9387 189 9359 9368 9378 9387 9398 238 9398 9398 9398 9398 9651 491 9651 9651 9651 9651 9905 745 9905 9905 9905 9905 Nasdaq Close 1928 day prior Monday Friday 1410 1413 -518 1411 1412 1412 1413 1427 1423 -501 1426 1425 1424 1423 1478 -450 1478 1478 1478 1478 1528 -400 1528 1528 1528 1528 1550 -378 1550 1550 1550 1550 1532 1520 -396 1529 1526 1523 1520 1554 1533 -374 1549 1544 1538 1533 1588 1581 -340 1586 1585 1583 1581 1622 -306 1622 1622 1622 1622 1694 -234 1694 1694 1694 1694 1766 -162 1766 1766 1766 1766 1783 -146 1783 1783 1783 1783 1846 -82 1846 1846 1846 1846 1910 -18 1910 1910 1910 1910 1973 45 1973 1973 1973 1973 2028 2034 100 2030 2031 2033 2034 2055 127 2055 2055 2055 2055 2155 2159 227 2156 2157 2158 2159 SP500 Close 1164 day prior Monday Friday 978 -186 978 978 978 978 1011 1012 -153 1011 1012 1012 1012 1024 -140 1024 1024 1024 1024 1024 1026 -140 1025 1025 1026 1026 1031 1034 -133 1032 1033 1033 1034 1032 1033 -132 1032 1033 1033 1033 1042 -122 1042 1042 1042 1042 1070 1073 -94 1071 1072 1072 1073 1070 -94 1070 1070 1070 1070 1116 -48 1116 1116 1116 1116 1159 1160 -5 1159 1160 1160 1160 1162 -2 1162 1162 1162 1162 1213 1217 49 1214 1215 1216 1217 1220 1223 56 1221 1222 1222 1223 1223 59 1223 1223 1223 1223 1230 1231 66 1230 1231 1231 1231 ht david